NBI Rentals has a growing team of over 20 consultants. The division’s portfolio includes apartments, houses, villas, premium properties, as well as commercial properties ranging from retail spaces to offices and warehouses.
“Launched at the end of 2024, NBI Rentals plays a pivotal role in connecting landlords with the right tenants, helping to grow the local real estate market. Despite the general economic challenges, demand for rentals remains steady, which is why we created the rental division, also based on the experience gained in more than two years in business on the Romanian market,” says Vlad Musteata, CEO of NBI & NBI Rentals.
The revenue generated from the rental division represents approximately 3% of the North Bucharest Investments group’s revenue, as a result of the accelerating growth of the local rental market. Properties managed by NBI Rentals have an average occupancy rate of over 60%.
Established by businessman Vlad Musteata in the Republic of Moldova in 2011, NBI entered the Romanian market in the summer of 2022. The group currently operates in three business lines, namely investment, real estate sales advisory services and rental.
(English version by Loredana Fratila-Cristescu)